Good spin on a very dilutive deal for PB. Agree the US gaming market will be very lucrative long term...but that will be a very very EXPENSIVE journey. This Aussie upstart has done a wonderful job of growing from a small minnow. But the reality of competing against Draft Kings/MGM/Ceasers is a pipe dream. In a market were you may need to spend $10,000,000USD for a Super Bowl ad...$$$$will be king over the next few years. Smart move by SIG as PB will become a takeover target when it needs to raise capital again. I love the Alan Iverson ad...but I'll take Halle Berry any day of the week( Ceasars). Not a bad short once the hype wears off and the fine print of the SIG deal is released.
MORE DEALS LIKE THIS TO COME
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $154.4M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.0¢ | $27.40K | 58.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26442 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 10043 | 22 |
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| Last trade - 11.44am 25/07/2024 (20 minute delay) ? |
| PBH (ASX) Chart |